#Tencent
5 stories · 2 issues · daily Tencent news timeline
#Tencent timeline · newest first
2026-08-13-Thu
Former Tongyi Qianwen Lead Lin Junyang Founds Pragmatik Labs at a $2 Billion Angel-Round Valuation
▪ A P10 leaves, and two months later commands a $2 billion valuation — China's big tech talent war just changed its unit of account.
Tencent Q2 Revenue Hits 204.8B Yuan, Up 11%, WeChat Ads Drive Growth
▪ The 22% gain in ad recommendation efficiency is currently the only place where Tencent's AI spending can be clearly accounted for.
Lovable raises $400M Series C, valuation doubles to $13.3B in seven months
▪ A 22x price-to-sales multiple is not a bet that the tool is good; it's a bet that the number of people writing software grows by an order of magnitude.
2026-08-10-Mon
Unitree Robotics Opens Subscription Tomorrow: Issue Price 150.80 Yuan, Offline Subscription Multiple 2,618x, DeepSeek in Strategic Placement
▪ DeepSeek's stake in Unitree turns the convergence of "brain" and "body" from a forum topic into an equity structure.
Tencent Bets Its Highest-Level Resources on WorkBuddy, Internally Dubbed Its Third Strategic Product After QQ and WeChat
▪ The Hall of Fame's selection criteria have shifted from national apps with hundreds of millions of users to an enterprise AI product — Tencent's definition of "strategic" has changed.